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Ostrum taps former Bardin Hill exec to lead U.S. market expansion

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Ostrum Asset Management (Ostrum AM), a Paris-based affiliate of Natixis Investment Managers, has tapped a new executive to lead its newly launched structured credit operations to the U.S., the company announced Tuesday.

Ostrum (formerly Natixis Asset Management prior to its 2018 name change) has named Brian T. Yorke, formerly of Bardin Hill Investment Partners, as its U.S. head of structured and loan credit management. His duties will include oversight of a newly launched CLO platform for Ostrum Asset Management U.S. LLC, headquartered in New York.

In addition to issuing and managing collateralized loan obligations, York will oversee fund platforms and corporate private debt investments in secured leveraged loans, according to a release.

Yorke will report to Ibrahima Kobar, deputy chief executive and global chief investment officer of Ostrum AM, which has €265.6 billion (US$298.02 billion) in assets under management.

Yorke was previously a portfolio manager and head of trading and global performing credit portfolio management for Bardin Hill, which was formerly Halcyon Capital Management before it received additional capital investments from TPG Sixth Partners and Dyal Capital Partners (a division of Neuberger Berman Group).

Natixis Investment Managers is majority owned by French bank Group BPCE.

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CLOs CDOs Natixis Europe